A Small Start to a Brighter Future

Graciela Ramirez & her pulperia

Graciela Amador Ramirez is a determined single mother and member of the Los Prados assembly group in the community of the same name.  Graciela resides in the municipality of Namasigue, which is approximately 30 minutes outside of Choluteca, in the department of Choluteca.  Over the course of four loan cycles, Graciela has developed a pulperia (convenience store), starting out with a loan of only L 2000 or $100.00.   This microloan from the Adelante Foundation enabled her to purchase a small quantity of products, and over the last two years, she has grown her pulperia into a well-stocked store.

Raising her three children alone has been a struggle for Graciela, but through her participation as a client with the Adelante Foundation, Graciela is better able to meet the needs of her family.  The profits accrued from her micro enterprise have ensured that her eldest son will graduate secondary school this year.  Recently, Graciela withdrew her biggest microloan to date, L 6000 or $300.00, and she plans to continue augmenting her loans in order to bolster the product inventory of her pulperia.  Graciela is appreciative of the opportunity given to her through microfinance, boasting, ¨the Foundation helps you a lot, the loans allow you to work harder and little by little improve your life¨.

Graciela & son in front of their home

Graciela’s home is located across from the community sports field, making her investment in a pulperia a wise small business decision.  Graciela confirms that she had always wanted to establish a pulperia, but never had access to credit to make that vision a reality.  Previously, Graciela could only sell a small quantity of snacks when sports games were held across from her home.  She confesses that at one point she even had to take out a loan in order to support the basic consumption of her household.  Graciela started out small, but now she has a well developed micro business, including a fridge and freezer, which she purchased over the course of her loan cycles.

Although she has confronted many challenges as a single mother, Graciela has been able to provide two of her three children with a secondary school education.  Currently, Graciela is funding a private school education for her son in Choluteca, where he lives with Graciela’s sister in order to reduce transportation costs.  This is an impressive accomplishment since Graciela’s son’s education costs L 1000 or $50.00 per month.  Graciela’s improved income will ensure that as soon as her son attains his diploma, she will be able to send her 14 year old son to secondary school as well.  This is an achievement Graciela feels would not have been possible without having received microcredit from the Adelante Foundation, and subsequently starting a profitable small business.


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